List five factors (independent variables) that a bank might use to determine whether a prospective borrower will
Question:
List five factors (independent variables) that a bank might use to determine whether a prospective borrower will be able to repay a loan. Is each of these factors positively or negatively related to a loan approval? Explain.
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Debt Load DebttoIncome Ratio Loan approval would be negatively associated with a higher debt ...View the full answer
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Related Book For 
Introduction To Business Analytics
ISBN: 9781265454340
1st Edition
Authors: Vernon Richardson, Marcia Watson
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